NZZ Nitinat Minerals Corporation

Nitinat Minerals Corporation (TSX VENTURE:NZZ) (the "Corporation") would like to
provide an update as to its proposed private placement. As reported in its press
release of September 21, 2011, the Corporation is proceeding with its
non-brokered private placement of up to 5,000,000 Units at a price of $0.15 per
Unit for gross proceeds of $750,000. Each Unit is comprised of one (1) common
share and one (1) common share purchase warrant (the "Warrant"). Each Warrant
entitles the holder thereof to purchase one (1) common share for a period of two
(2) years from the date of issuance. The Warrants are exercisable at a price of
$0.20 per common share. The proceeds will be used for further exploration and
development of the Corporation's properties and for general working capital.


Closing of the offering is subject to the receipt of all regulatory approvals.

This update contains "forward looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and applicable
Canadian securities legislation. Generally, these forward looking statements can
be identified by the use of forward looking terminology such as "plans",
"anticipated", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or state
that certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". Nitinat is subject to significant
risks and uncertainties which may cause the actual results, performance or
achievements to be materially different from any future results, performance, or
achievements expressed or implied by the forward looking statements contained in
this release. Nitinat cannot assure investors that actual results will be
consistent with these forward looking statements and Nitinat assumes no
obligation to update or revise the forward looking statements contained in this
release to reflect actual events or new circumstances.

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